Are premiums and claims eating into your profits?

Healthcare premiums for small businesses (under 50 employees) has risen over 182% over the last two decades, with the average rate being $7,974 in 2023. Cost per employee is projected to increase by 6.5% in 2026, the highest since 2010.

Nearly one-third of all small businesses have dropped their health insurance coverage with the burden of rising costs being a primary contributing factor. Other small businesses have had to increase their price of goods and services or eliminate wage increases.

Losing valuable talent to competitors?

The average employee turnover rate is 25%, with some industries as high as 50%. About half of all new hires quitting within the first six months. The cost of replacing these employees can be anywhere between 40% and 300% of that employees salary!

Lack of work-life balance was the top reason given (41%) as one of the leading causes of high employee turnover.

Are your employees struggling with low energy or focus?

High employee turnover can lead to even lower productivity as remaining employees are forced to take on extra work, which can lead to burnout and resentment. Low productivity costs U.S. businesses an estimated $150 billion annually.

Too many sick days or disengaged employees?

Did you know that mental health-related leaves of absence surged by an astonishing 300% from 2017 to 2023? Absenteeism costs U.S. businesses an estimated $225 billion annually (or about $3,600 per each of your employees).

Furthermore, presenteeism represents a "hidden" and often unmeasured drain on resources. Employees might be physically present, but their effectiveness is compromised by underlying physical or mental health issues.

Finding it hard to attract top talent?

Nearly 7 out of 10 (69%) businesses have reported difficulties in filling full-time positions in 2025.